Effective And Affordable Solutions
  1. Home
  2.  » 
  3. Divorce
  4.  » Property division is generally 50/50 in Arizona

Property division is generally 50/50 in Arizona

On Behalf of | Jul 9, 2020 | Divorce

The process of getting divorced can understandably be difficult. However, not every divorce proceeding has to be a time-consuming and acrimonious process. Here is a look at how divorce, particularly the area of property division, is handled in the state of Arizona.

Arizona is a community property state, which means that the court will split a divorcing couple’s shared assets down the middle. The court will not take into consideration any specific conditions or circumstances while making a property division decision. However, if two people would like to avoid going straight to court, they can try to discuss the division of their shared assets in an amicable way outside of court.

As a general rule of thumb, community property is property that both parties gained after they got married. It also includes all of the money they have in their joint bank accounts. If either party bought his or her own possessions using a mixture of community and personal funds, these possessions will be treated as community property, too. However, if they have purchased certain items with their own personal funds, these items are not subject to property division during the divorce proceeding.

If two divorcing individuals cannot work out their own property division agreement on their own, they have no choice but to go to divorce trial. An attorney in Arizona can help a divorcing party to pursue the most favorable outcome in court, given the circumstances surrounding the marital dissolution. The attorney’s main aim is to make sure that the client’s rights and best interests are protected from start to finish.